DTF Tax Free Income Inc. (NYSE:DTF) to Issue — Dividend of $0.04
DTF Tax Free Income Inc. (NYSE:DTF) declared a — dividend on Monday, September 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.04 per share by the investment management company on Thursday, October 31st. This represents a yield of 3.4%. The ex-dividend date of this dividend is Friday, October 11th.
DTF Tax Free Income has decreased its dividend by an average of 11.0% per year over the last three years.
Shares of NYSE DTF opened at $14.34 on Thursday. The business’s 50 day moving average is $14.12 and its two-hundred day moving average is $13.84. DTF Tax Free Income has a 12 month low of $12.25 and a 12 month high of $14.50.
DTF Tax-Free Income Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
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